VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC lowered its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,481 shares of the exchange traded fund’s stock after selling 630 shares during the quarter. AlphaStar Capital Management LLC’s holdings in VanEck Gold Miners ETF were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GDX. Centennial Wealth Advisory LLC increased its holdings in shares of VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 267 shares during the last quarter. Summit Wealth Partners LLC boosted its holdings in VanEck Gold Miners ETF by 3.6% in the third quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock worth $343,000 after purchasing an additional 298 shares during the period. Citizens National Bank Trust Department increased its stake in VanEck Gold Miners ETF by 4.8% during the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock valued at $267,000 after purchasing an additional 308 shares during the last quarter. Aptus Capital Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 329 shares during the period. Finally, Verus Capital Partners LLC lifted its position in shares of VanEck Gold Miners ETF by 2.0% in the 3rd quarter. Verus Capital Partners LLC now owns 19,343 shares of the exchange traded fund’s stock worth $770,000 after buying an additional 382 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $40.86 on Monday. The firm has a market capitalization of $16.33 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22. The company has a 50-day simple moving average of $36.73 and a 200-day simple moving average of $38.07.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.